Local News
June statistics provided another huge jump in (CPI) inflation numbers! While June may also have been another month where excluding this and that might make inflation look transitory, the Fed’s patience will likely be tested. Headline CPI rose 0.9% in…
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The primary takeaway from the latest FOMC meeting is that it expects booming Q2 consumption as well as GDP growth. However, concerning economic growth during the remaining six months of this year, Wall Street expects growth and inflation to moderate. …
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The majority of stocks in the S&P 500 have announced their first-quarter results and, so far, the average sales and earnings surprises are running at 3.7% and 23.2% (respectively above consensus analyst estimates). This is why analysts are so busy…
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Inflation is making headlines all over the country, but the mainstream media is not being honest about the true severity of the crisis. We are being told that the official rate of inflation is still in single digits, but what we aren’t…
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Housing statistics confirm that houses available to purchase are extremely limited, so the volume of sales continues declining. While rapidly rising prices of lumber and other components may have impacted the reduced number of housing starts, there appears to be…
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Kansas adult-care facilities now are required to test staff and patients for COVID-19. Gov. Laura Kelly on Friday directed Dr. Lee Norman, Kansas Department of Health and Environment secretary, to issue a health order for the testing. “We have a…
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The Missouri Department of Economic Development it will be spreading $15.8 million across 38 different community development projects across the state. The focus is to improve infrastructure such as damaged streets and drainage improvements, but the projects vary across the…
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Niagara Bottling LLC is considering buying a 637,368-square-foot speculative industrial building from VanTrust Real Estate, northwest of 112th Street and North Airworld Drive. The space would be used as a bottling facility specifically for flavored beverages. The Northland investment by…
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The Ohio-based majority owner of Town Center Plaza and Town Center Crossing mall properties has filed for Chapter 11 bankruptcy protection. Washington Prime Group, a real estate investment trust that owns about 100 malls nationwide, is in forbearance on a $23.2…
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Construction is beginning on a $36 million multi-sport facility north of the river. The complex, near Missouri Highway 152 and Platte Purchase Drive, will have ten synthetic turf fields to be used for soccer, football, baseball, softball and lacrosse. It will…
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